In Brazil, investing is an overwhelming practice for many individuals. It is extremely risky and challenging especially if one does not understand what he or she is doing. Beginners and experienced investors should understand the rules associated with investing including how investment vehicles work. Here we will provide with investment advice from Igor Cornelsen that can help you invest your funds with minimal risk.
Igor is undoubtedly one of the most known Brazilian investment advisors. He began his journey in the investment area in 1970 when he was employed in an investment bank. Due to his right talents and skills in the investment field, he was promoted to become a member of Multibanco’s board of directors. After two years in the position, Igor Cornelsen became the CEO of the company. The below advises from Igor Cornelsen will help you become a successful investor.
The first advice is that you should invest in markets that are low performing. Investing in damaged stocks will provide you with greater opportunities when it comes to financial gain because when the organization stabilizes you can resell the shares at a significant profit.
Second, you should do your research before investing in a stock market to understand the financial position of the country including the benefits and risks of the investment opportunity. The information will help you invest accordingly and increase your chances of making a profit whenever you place an investment.
Finally, follow the laws and rules associated with investing. Conducting a business in a foreign country is always difficult because of the laws concerning investment. Understanding the laws of investment is crucial because it will help you avoid onerous penalties and large amounts of paperwork.
There is a lot more that you can learn from Cornelsen, but the above advice is enough for you to get started.